Altus Strategies plc announced that Michael Winn and Gérard De Hert have tendered their resignations and stepped down from the Altus board. The news follows the merger of the company with Elemental Royalties Corp, which became effective as of today, 16 August 2022.
Tag: Elemental Royalties Corp
Altus-Elemental merger receives court sanction
Altus Strategies plc’s share-for-share merger of equals with Elemental Royalties Corp has received court sanction. TIMETABLE The companies first announced the agreement in June and received shareholder approval on 8 August. Altus said that the High Court of Justice of England and Wales had today made an order sanctioning the scheme under section 899 of […]
Altus shareholders approve Elemental merger
Altus Strategies plc said it had gained majority shareholder approval for its proposed merger with Elemental Royalties Corp. MAJORITY Once completed Elemental shareholders will own 52.9% and Altus shareholders 47.1% of the enlarged mining royalty company Elemental Altus Royalties Corp. Each company will nominate four directors to the board for a total of eight. The […]